The global smooth computer desk market is expected to exhibit strong growth, reaching USD 3.6 billion by 2030. As per the report titled "Smooth Computer Desk Market Size, Share & COVID-19 Impact Analysis, By Type (Plastic and Wood), By Application (Home, Enterprise and Others) and Regional Forecasts, 2023-2030" observes that the market size in 2022 stood at USD 2.5 billion and USD 3.6 billion in 2030. The market is expected to exhibit a CAGR of 5.3% during the forecast period.
Kimball International, Inc. Agreed to Buy Poppin, Inc. is a Legally Binding Agreement
In November 2020, Kimball International, Inc. signed a legally binding agreement to buy Poppin, Inc., a renowned B2B commercial furniture design firm that manufactures smooth computer desks with a strong technological foundation. With an initial cash consideration of $110 million and subsequent contingent payments based on revenue and profitability targets met through June 30, 2024, the purchase price could total $180 million if all milestones are met.
Rising Trend of Work-from-home to Drive the Market
The COVID-19 epidemic has forced people to stay inside, and the work-from-home culture has taken off worldwide. The demand for ergonomic furniture has increased, driving the price of smooth computer desks. The sales of smooth computer desks skyrocketed during the lockdown at numerous online furniture merchants. The market for smooth computer desks will continue to expand because working from home will likely not go away soon. Thus, during the shutdown, many furniture retailers observed a noticeable boost in the sales of smooth computer desks.
Increased Price of Smooth Computer Desk to Limit Market Growth
The makers are attempting to add new functions to the smooth computer desk, but doing so could increase the price of the tables. As a result, individuals might refrain from purchasing tables with novel characteristics, which will present a significant commercial hurdle. The contemporary smooth computer desk combines aesthetic appeal with practicality. These desks are equipped with add-ons like drawers or additional outlets for peripherals and cables to enhance the user's comfort while working. The cost of these smooth computer desks and work desks is increasing, making it difficult for all socioeconomic groups to afford them. As a result, demand for these products is hampered, ultimately reducing demand.
Major Players Develop Acquisition Plans to Boost Brand Image
The leading businesses in the smooth computer desk market plan acquisitions to improve their brand recognition globally. For instance, In December 2019, Herman Miller India was recognized for excellence in corporate social responsibility for the manufacter of smooth computer desks in the "Innovations in Corporate Social Responsibility" category at the ET Now Stars of the Industry Awards 2019 ceremony.
List of Key Players Profiled in the Report
Kimball International, Inc. Agreed to Buy Poppin, Inc. is a Legally Binding Agreement
In November 2020, Kimball International, Inc. signed a legally binding agreement to buy Poppin, Inc., a renowned B2B commercial furniture design firm that manufactures smooth computer desks with a strong technological foundation. With an initial cash consideration of $110 million and subsequent contingent payments based on revenue and profitability targets met through June 30, 2024, the purchase price could total $180 million if all milestones are met.
Rising Trend of Work-from-home to Drive the Market
The COVID-19 epidemic has forced people to stay inside, and the work-from-home culture has taken off worldwide. The demand for ergonomic furniture has increased, driving the price of smooth computer desks. The sales of smooth computer desks skyrocketed during the lockdown at numerous online furniture merchants. The market for smooth computer desks will continue to expand because working from home will likely not go away soon. Thus, during the shutdown, many furniture retailers observed a noticeable boost in the sales of smooth computer desks.
Increased Price of Smooth Computer Desk to Limit Market Growth
The makers are attempting to add new functions to the smooth computer desk, but doing so could increase the price of the tables. As a result, individuals might refrain from purchasing tables with novel characteristics, which will present a significant commercial hurdle. The contemporary smooth computer desk combines aesthetic appeal with practicality. These desks are equipped with add-ons like drawers or additional outlets for peripherals and cables to enhance the user's comfort while working. The cost of these smooth computer desks and work desks is increasing, making it difficult for all socioeconomic groups to afford them. As a result, demand for these products is hampered, ultimately reducing demand.
Major Players Develop Acquisition Plans to Boost Brand Image
The leading businesses in the smooth computer desk market plan acquisitions to improve their brand recognition globally. For instance, In December 2019, Herman Miller India was recognized for excellence in corporate social responsibility for the manufacter of smooth computer desks in the "Innovations in Corporate Social Responsibility" category at the ET Now Stars of the Industry Awards 2019 ceremony.
List of Key Players Profiled in the Report
- AURORA
- TopStar
- HNI Group
- Herman Miller
- Haworth
- Kimball Office
- Steelcase
- Bristol
- Okamura Corporation
Further Report Findings
- The market in North America is expected to gain a huge portion of the global Smooth computer desk market share in the coming years. The United States dominates the North American computer table industry thanks to the presence of significant companies like Herman Miller, HON, and Haworth abroad.
- Additionally, the need for computer desks in the North American region is predicted to rise with the expansion of the internet.
- In the Asia Pacific, the growth in this region is primarily driven by favourable working conditions and increased income.
Attributes | Details |
Study Period | 2016-2030 |
Base Year | 2022 |
Estimated Year | 2023 |
Forecast Period | 2023-2030 |
Historical Period | 2016-2021 |
Unit | Revenue (USD Million) and Volume (Kilo Tons) |
Segmentation | By Type, By Application, and By Geography |
By Type |
|
By Application |
|
By Region |
|